HHI to build 8 carriers for Vitol

The Korean shipbuilder Hyundai Heavy Industries (HHI) has won a contract to build up to eight gas carriers for the Vitol oil trading company. According to the deal, the shipbuilder will construct 2 liquefied petroleum gas tankers. Vitol has the option to order 6 more vessels of the same type. The value of the contract is USD 600 million. The vessels are scheduled to be delivered to their owner in the first half of 2019.